Hi my client has been deducted the tds against 194 d @ 10 % but as per new rate of 194 d @ 5 %

233 views 2 replies
Hi what is the Rate of 194 D ( other then company resident & domestic company )
Replies (2)

If payee is other than company, rate of tax to be deducted at source is 5% as per amendment provided the amount exceeds Rs.15,000.

if payment is made to a resident (other than company) the rate of TDS will be 5% from the financial year 2016-17. New rate came into force w.e.f. 01.06.2016


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register